weak business banking climate

German banking giant Deutsche Bank cut its bonuses by more than three-quarters last year, its annual report and accounts show. Bonuses were cut to 0.5bn euros (£433m) from 2.4bn euros a year earlier. Total pay at the bank, which employs about 100,000 people worldwide, was 8.9bn euros in 2016, down from 10.5bn the year before. … Read more